The balancing act of student loans
Feeling overwhelmed by the thought of how to balance your other financial goals while you pay down your student debt? You are not alone. Much of Gen-X and Gen-Y (70% of graduates) have been forced to play catch-up with their finances several years after college, especially compared to previous generations. This is where Mellen Money Management can help. We offer our clients a comprehensive game plan on how to best pay back their student debt while juggling everything else.
Our main objective is helping professionals that are struggling to solve the Game of Loans. We do this by working with borrowers to show them how much they are truly paying towards their current student loans and then compare their situation to other alternatives. The endgame is to see if we can save borrowers a meaningful amount of money through refinancing, debt forgiveness, or finding a better payment plan.
cost of service
Our initial consultation is complimentary. However, if we uncover a better strategy that adds a significant source of value, then we charge a one-time planning fee of $400 to individuals or $600 for two borrowers in the same household. For those on a tighter budget, we offer a 12-month payment plan and charge $45/month to individuals and $65/month to couples. Assuming we help you save enough money, the cost of this service is worth every penny and is certainly more affordable than your student debt. Click the box below if you are interested in beginning the process today.